Property Auction Finance NewsGalliard Homes Limited Head Office has earned our heartiest congratulation for gaining planning for the redevelopment of Upton Park to provide 15 new buildings ranging from 3 to 13 storeys providing up to 838 apartments with retail and restaurant and commercial use, cycle parking, car parking, highways, landscaping, access and infrastructure works following demolition of West Ham United Football stadium. The chosen site for the project is West Ham United Football Club, Green Street, Upton Park, Plaistow, London, E13 9AZ.

At Hank Zarihs we source funders that have the appetite for large scale projects and we could offer similar schemes a senior debt facility to assist with the construction typically 100% of build and 70% day 1 by arranging development finance. The project will begin in January 2017, and it will be finished in January 2022. The entire development will cover a site area of 3.3 Ha.

 

 

15 new structures, comprising 838 residential units and rising up to 3-13 storeys will be developed for the project. A total of 270 parking spaces will be offered to the residents. 297 one bed houses, 269 two bed houses, 230 three bed houses, and 42 four bedroom houses will be featured in this development. The net retail floor space will cover an area of 878 square meters. This project could be a high return option for investors and a high end address for future residents.

Property Auction Finance News: The associated developers will be Boleyn Phoenix Limited and Barratt East London Limited. Savills Plc will take the role of the primary planner firm. Metropolis Planning & Design Llp will offer their consultancy services for sustainability. The contractors include UKD Groundworks & Civil Engineering Limited, Barratt East London Limited, Haydon Mechanical & Electrical Limited, Rye Demolition Limited, and other major organizations.

 

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